Is my fund selection good for long term investing

It is great to note that you are investing for long term through mutual funds SIPs.

We have following suggestions to make with regards to your fund selection –

HDFC Top 200 Fund – Once a marquee fund, the fund is lagging in performance in the last 3-4 years and the rating has also gone down. You can select another fund from large cap category in lieu of this fund. SBI Bluechip Fund or Birla Sun Life Frontline Equity Fund could be good choices.

UTI Mid Cap Fund – Again, this fund is also lagging in performance and could not beat category returns in the last 1 year. You may consider increasing exposure in Mirae Asset Emerging Bluechip Fund or Canara Robeco Emerging Equities Fund

Rest of the selection looks good. However, you have not given the scheme name of Birla Sun Life Mutual Fund.

Hope the above is useful. Thanks for writing to Advisorkhoj.